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Updates from November, 2010

  • As with Audi’s other offerings of late, the 2012 A6 takes weight to heart. While the platform is constructed of steel, there is a lot of aluminum to be found throughout. The front shock towers, fenders, doors, hood and deck lid are all made of aluminum, which represents more than 20% of the body.
    9:02 pm on November 30, 2010
     
  • Porsche SE investors approved plans for a 5 billion-euro ($6.5 billion) stock sale to reduce the sports-car maker's debt as it prepares to combine with Volkswagen AG, Europe's largest carmaker.
    8:02 pm on November 30, 2010
     
  • Almost one in five drivers in the U.S. who died in car crashes tested positive for drugs, according to the U.S. highway-safety regulator.
    5:40 pm on November 30, 2010
     
  • An electric Volt vehicle driven by General Motor Co. Vice Chairman Tom Stephens pulls into the front of GM's world headquarters in Detroit.General Motors and Chrysler showed further signs of recovery Tuesday as each announced plans to hire 1,000 engineers and researchers.


    5:24 pm on November 30, 2010
     
  • A review of unintended acceleration incidents in Toyota vehicles by two U.S. agencies may not be released this fall in the U.S. as expected.
    5:22 pm on November 30, 2010
     
  • General Motors Co. CEO Dan Akerson says the carmaker is studying how it could double or triple production of the new Chevrolet Volt plug-in hybrid should sales demand accelerate.
    5:11 pm on November 30, 2010
     
  • The federal government is likely to lose $19 billion, or 24 percent, on its $80 billion bailout of the auto industry, the nonpartisan Congressional Budget Office estimated yesterday.
    4:48 pm on November 30, 2010
     
  • Chrysler Group LLC is planning to hire 1,000 engineers and other skilled workers over the next four months to enhance its small and mid-sized car development efforts, The Wall Street Journal reported today.
    4:32 pm on November 30, 2010
     
  • Former Delphi CEO J.T. Battenberg III 'didn't have a role in the accounting' or disclosure of a large payment to General Motors in 2000 that government regulators say was fraudulent, the supplier's former CFO said.
    4:17 pm on November 30, 2010
     
  • Honda, giving itself a $4,610 pricing edge over the base Toyota Prius, has added a base Insight hybrid model for 2011 that starts at $18,950, including destination charges.
    2:11 pm on November 30, 2010